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20110726
20110726
Search Results 0 to 8 of about 9 (some duplicates have been removed)
like tony handle. in the daytime i work for a big law firm of the type that tony probably would not hold in the highest of esteem, but i'm delighted to be here. you know, i think if you talked to most authors, they will tell you that there is something hot-wired into our system that says we need to try to tell a story. there is nothing at all in my background. i am an absolutely accidental writer. there is nothing in my background which suggests i should be writing novels. i grew up in chicago. i write books about san francisco. i studied accounting at the university of illinois. i have been a corporate and securities attorney for 28 years. i've now written seven best-selling novels about murder trials, death penalty cases, and courtroom drama. i have never handled a criminal case in my life. [laughing] so all of you out there who are thinking of writing novels, there is hope. but i did have this feeling a long time ago, probably from the time i was in high school, that at some point i would like to try to write a novel. and i can't explain why. i do know that when i read "presu
&p said they need to do to keep the credit rating at triple-a. >> how big of a concern is that? even with the plans the credit rating might still be downgraded? >> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been
was try to create a new sense of urgency to see if there's a chance to put the big deal back together that he and speaker boehner were close to having this deal last week. but in many ways, this speech was almost oh post mortem, almost setting up the blame game for the fact that no big deal is going to happen. and no matter what happens here at the end of the day, the debt ceiling is going to go up. but nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats that said to me, would have been a good speech to give two weeks ago. >> i know that he called for public activism, so much so that we hear the capitol hill websites were crashing last night because so many people were trying to e-mail their representatives. it looks like he spooked main street, jim? will he spook also wall street? >> no, not at all. wall street is calm. the markets are looking good today. we had a blip down in the indicators between 9:0 and about 9:20. they came right back. no one is buying the panic, the sky-rocketing interest rates scenario. >> that said, hedge funds are
default. august 2 is the big day and president obama is urging compromise in congress. he spoke to the nation last night and he criticized the republicans. >> a significant number of republicans in congress are insisting on a different approach, a cuts only approach, an approach that doesn't ask the wealthiest americans or biggest corporations to contribute anything at all. >> but gop leaders say the president is the one who is refusing to budge. >> the president wanted a plank check six months ago. and he wants a blank check today. this is just not going to happen. >> republicans are pushing to raise the debt limit enough to last for the rest of the year and then a joint committee would tackle a second increase and more spending cuts but mr. obama says he will veto any plans to raise the debt ceiling if it comes in two waves. he supports a plan by majority leader harry reid to raise the limit to 2012. >>> breaking news out of morocco. a state news agency says a c- 130 plane has crashed in a mountainous area there. there are reports that 26 people have been killed, four injured.
in the high stakes showdown over the nation's debt. >>> tax grab. big airlines decide not to pass on savings from a temporary government tax halt to consumers. >>> and sticker shock. a japanese department store offers one of the most expensive a japanese department store offers one of the most expensive box lunches ever. captions paid for by nbc-universal television hello, and good morning. i'm amara sohn. today we begin with dueling over the debt. president obama and house speaker john boehner escalated the battle over the debt limit last night. they both appealed to american television viewers in speeches that reflect the two sides being farther apart than ever on the issue. nbc's tracie potts has more from washington. >> reporter: we're now one week away from this possible default deadline and it looks like the white house and congress are no closer to a deal today. >> this is no way to run the greatest country on earth. it's a dangerous game that we've never played before and we can't afford to play it now. >> reporter: president obama is taking his behind-closed-doors fight public to pr
't that right? >> anser. >> reporter: that's right. in fact, the big one was bryan stow. he had emergency surgery on sunday to relieve pressure on the brain. he is hospitalized here at san francisco general. meantime, the two suspects made their first court appearance on monday in los angeles. authorities say 29-year-old louie sanchez and 30-year-old marvin norwood are both the lead suspects in the bryan stow beating case that left him with brain damage. prosecutors say the two men bragged about the attacks to coworkers but told everyone to keep quiet. monday in court they didn't enter a plea. they are charged with three felony counts of assault, battery and mayhem. mayhem is the charge for disabling or disfiguring a victim. prosecutors say both men have a history of violence and problems with the law. they are calling them public safety threats. louie sanchez allegedly had past problems including drunk driving, evading police, and carrying a loaded gun in public. also charges of domestic violence. marvin norwood has a history of domestic violence. when police searched his house they foun
taxes on the wealthiest americans and big business. republicans will only go for spending cuts. >> the president has often said we need a balanced approach, which in washington means, we spend more and you pay more. having run a small business, i know those tax increase also destroy jobs. >> now, the possibility of a national default looms so large that secretary of state hillary clinton in hong kong, is reassuring the chinese who hold a trillion dollars in u.s. bonds that a deal will be done before next tuesday's deadline. lawmakers have until august 2nd. >>> the new details are graphic but necessary as the bryan stow case heads to court. stowe can still not see or react to his alleged attackers but we saw them today in an l.a. courtroom but there's a change of plans. here's beverly white from our nbc station in los angeles. >> reporter: security at dodger stadium remains beefed up ever since violence on opening day left the giants' fan bryan stow, hospitalized as what they call a disabling brain injure sflie he did not lose an eye. >> the beating suspects appeared in court fo
Search Results 0 to 8 of about 9 (some duplicates have been removed)